Hints and tips:
Related Special Reports
...The standout business has been Citi’s transaction services division — which houses its vast payment processing and cash management network — though revenue growth there has been slowing this year....
...JPMorgan Chase, the nation’s largest bank by assets, had the highest profit of any lender, earning $11.7bn in the quarter from activities including lending and payment processing, up from $6.4bn in the same...
...And beyond the DFC, Washington is providing incentives for the construction of US processing plants through the Inflation Reduction Act....
...Manufacturers, ranging from giant corporations to smaller companies in the country’s famed Mittelstand, have already been hit by rising inflation and a rapid increase in interest rates....
...The Urban Development Corporations. The Regional Development Agencies. The Local Enterprise Partnerships....
...They watched in the last few years as four companies gained more than 75 per cent market share for infant formula, baby foods, beef processing, pasta, cereal and soda....
...The next four crude cargoes will be supplied by the state-owned oil company the Nigerian National Petroleum Corporation (NNPC) in “two to three weeks” and ExxonMobil will supply the last of the initial six...
...Nvidia has about 95 per cent of the market for graphics processing units needed for training AI models. Alphabet’s Google has more than 80 per cent of the global search engine market....
...Revenue in Citi’s large cash management and payment processing unit, which caters to corporations, was up just 15 per cent, less than half the 32 per cent growth in the same period last year....
...The company is betting it can use its expertise in drilling and processing to become a leading player in the battery metal....
...The company’s existing roster includes the US International Development Finance Corporation (DFC), the US government development bank, Swiss-based commodity trader Mercuria and London-based asset manager...
...Trust & Clearing Corporation....
...For large corporations, there is a significant challenge in how they consume this technology....
...From an energy and national security perspective, we can now add deficits in uranium (particularly enriched uranium) to deficits in the mining and processing of rare earth minerals, EV metals, and computer...
...But it also uses facial recognition technology and data processing techniques to surveil its citizens at mass scale to maintain social control....
...Biweekly trials of the new one-day settlement regime were begun in mid-August by the US Depository Trust and Clearing Corporation, which handles clearing and settlement for nearly all US equities and bonds...
...To address those left behind, particularly in rural areas, India this month revealed an initiative to allow the processing of voice-based transactions....
...Another $4bn in deposits tied to Signature’s Signet crypto payments processing unit will be returned to customers, according to the FDIC....
...Revenue in Citi’s large cash management and payment processing unit, which caters for corporations, was up just 15 per cent, less than half the 32 per cent growth in the same period last year....
...In response, Huawei decided to bet its $67bn chip and mobile business on a tricky deal with the Semiconductor Manufacturing International Corporation, a state-backed foundry known for its ambition to catch...
...If Starbucks was a bank, that would make it bigger than 90 per cent of institutions covered by the US Federal Deposit Insurance Corporation by deposit size....
...The transaction will be funded by a $7bn financing commitment provided by Sumitomo Mitsui Banking Corporation....
...Shares of American Express, which derives some of its income from payment processing fees, fell almost 1 per cent on Thursday....
...Big life insurers such as Aviva, Phoenix, Pension Insurance Corporation and Just Group also use Capita to administrate services such as pension payments and communications with savers....
...The measures were less stringent than originally expected, after the ISSB said in December it would allow corporations an additional year to report emissions across their entire value chain....
International Edition